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Oakam Loans


benjy48
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Hello,

 

Has anyone heard of these people. They have a small number of financial products, including payday loans. They say that they credit check their bonus loan facility. Has anyone applied to them, even with a low credit score. I have 1 star on my credit file so i have a low,low score. Can anyone determine what the credit criteria is?

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  • 2 weeks later...
Hello,

 

Has anyone heard of these people. They have a small number of financial products, including payday loans. They say that they credit check their bonus loan facility. Has anyone applied to them, even with a low credit score. I have 1 star on my credit file so i have a low,low score. Can anyone determine what the credit criteria is?

 

I have used them. I have a pretty shocking score but I managed to get a Bonus Loan. They seem reasonable to deal with. I defaulted, along with other loans in January and have set up a payment plan to oay off roughly 1/3 of what I would have been paying per month.

 

The above said you are far better off using a Credit Union to get a loan.

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